Union Investment enters retail real estate market in Portugal
Union Investment has entered the retail real estate segment in Portugal with the acquisition of the Continente Colombo hypermarket in Lisbon. The hypermarket operated by food retailer...
Asda to open 300 new convenience stores in next four years
British supermarket chain Asda plans to open 300 new convenience stores in the next four years across the UK under its new Asda Express...
Copernicus Shopping Center in Poland sells for €127m
NEPI Rockcastle, the owner and operator of shopping centres in Central and Eastern Europe (CEE), has agreed to acquire Copernicus Shopping Center in Torun,...
LondonMetric sells two assets for £28.2m
LondonMetric Property has sold two assets for £28.2 million, reflecting a blended NIY of 4.6%. The REIT sold a 61,000 sq ft retail park in...
Custodian REIT divests North-East shopping centre for £9.3m
Custodian REIT has sold a shopping centre in Gosforth, Newcastle for £9.3 million. The company purchased the 73,367 sq ft shopping centre as part of its acquisition of DRUM...
Redevco, Ares JV acquires Barcelona building for mixed-use project
Redevco Iberian Ventures, a joint venture between Redevco and U.S. private equity group Ares Management, has acquired the El Corte Inglés department store in...
LXi REIT to acquire Sainsbury’s portfolio for £500m
LXi REIT has exchanged contracts to acquire a portfolio of 18 prime grocery store assets predominantly located in Southern England, on a sale and...
Real IS divests shopping center in France
Real I.S. AG has sold the La Croix-Blanche shopping center in France. The parties have agreed not to disclose the terms of the transaction. Completed...
CPI sells retail park portfolio for €324m
Czech real estate investor CPI Property Group (CPIPG) has agreed to sell a retail park portfolio to Austrian real estate company Immofinanz for €324.2...
Deka sells retail property in Paris
Deka Immobilien has sold a retail property located in Paris to a joint venture between AnaCap Financial Partners and Freo Group. The parties have...
